The conventional method of divesting stake in Public Sector Enterprises is either sale of shares to investors i.e. Initial Public Offer (IPO) or the Offer for Sale (OFS) route. One of the other mode is floating an Exchange Traded Fund (ETF). CPSE ETF is a passive investment fund that was created to help the government in its disinvestment program of divesting stake in selected Central Public Sector Enterprises (CPSE) through Exchange Traded Funds (ETF). The fund invests in the Nifty CPSE Index stocks - that includes ten PSU companies (Maharatnas, Navratnas, Miniratnas, Sector Leaders) selected on...
